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That was pure salary.
It's not that I mind oil companies making profits, even huge ones for something so in demand. But it is so in demand that it's an essential commodity that has passed the tipping point of availability. Without alternate sources of energy within a century, all recognizable economic activity on the earth will stop.
I'm of the opinion that anything that essential should be regulated. And the ever-increasing costs of something that essential should be controlled by governments such that oil company executives get filthy rich, but not obscenely rich.
Sorry, but that number of $150,000 a day just stunned me. An amount I aspire to make in a year is earned in salary alone by one man in a day. Socialist or not, I don't want the food or water or health or justice or essential energy industries run for the same profit motive as general capitalism allows.
Such a thing may stifle innovation, but it would also stifle greed. I think a balance should be struck. And the Exxon/Mobil CEO making $150K each time the sun rises is not the kind of balance I find properly balanced.
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